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Education
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Student Loan Show

Updated 5 days ago

Business
Education
Careers
How To
Read more

Actionable advice to help borrowers overcome student loan debt and live a better life. Hosted by student loan lawyer Jay Fleischman.

Read more

Actionable advice to help borrowers overcome student loan debt and live a better life. Hosted by student loan lawyer Jay Fleischman.

iTunes Ratings

24 Ratings
Average Ratings
19
2
2
1
0

Glad you’re back!!

By Clavo15 - Aug 11 2019
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By far the best podcast covering student loans. SO glad it’s back!

Great Information!

By Loan Survivor - May 14 2015
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Very helpful info for people looking to survive their student loans.

iTunes Ratings

24 Ratings
Average Ratings
19
2
2
1
0

Glad you’re back!!

By Clavo15 - Aug 11 2019
Read more
By far the best podcast covering student loans. SO glad it’s back!

Great Information!

By Loan Survivor - May 14 2015
Read more
Very helpful info for people looking to survive their student loans.
Cover image of Student Loan Show

Student Loan Show

Latest release on Jan 14, 2020

The Best Episodes Ranked Using User Listens

Updated by OwlTail 5 days ago

Rank #1: Private Student Loans Won’t Work With You – Now What?

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Kiarra has three student loans – one is private and two are federal. She’s had the loans for nearly a decade and, though she started making payments, she went into default because her income didn’t cover the payments. She filed for bankruptcy and now she’s got to start making payments on the loans again.

She began her federal student loan consolidation online at www.StudentLoans.gov and worries that she may not be approved. But her biggest concern is the adjustable rate private loan, held by EDMC Discount.

With no college degree and no financial ability to go back to complete her education, Kiarra is depressed and confused about her options.

Listen in to hear my advice on how to handle her private student loan payments.

Are Student Loan Defaults Going Down?

According to recent reports, student loan defaults are on the decline. But look a little deeper and you’ll see that the default rate is actually higher now than it was last year.

About 593,000 former college students out of 5.2 million total borrowers defaulted on their federal debt as of Sept. 30, 2015, according to the US Department of Education. Default rates at public and for-profit colleges dipped, while private, nonprofit schools experienced a slight increase.

Data analyzed by researchers at the Federal Reserve Bank of New York and the Treasury Department suggest that student loan defaults within the first three years of repayment account for only about half the total number of eventual defaults. In fact, more than twice as many borrowers who entered repayment in 2009 had defaulted by their fifth year than by their third year, according to research published last year by the Brookings Institution.

Resources


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The post Private Student Loans Won’t Work With You – Now What? appeared first on Student Loan Podcast.

Oct 11 2016

37mins

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Rank #2: Adam Minsky and Jay Fleischman - A Live Student Loan Q&A

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Jay Fleischman is joined by Adam Minsky, a fellow student loan lawyer based in Boston. During this episode, recorded live at FinCon16 in San Diego, we talk about:

  • Why only 40% of federal student loan borrowers are in an active repayment plan;
  • The reason why most people student loan borrowers rely on forbearance rather than repayment through one of the income-dependent repayment plans;
  • Understanding what kind of student loans you have;
  • The role of the servicer – and who else may be controlling your federal student loan;
  • Why servicers make so many errors;
  • The heartbreaking conversation we have with people trying for Public Service Loan Forgiveness; and
  • Why you should submit an Employment Certification Form – and the best time to do it.

Resources


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The post Adam Minsky and Jay Fleischman Live at FinCon16 appeared first on Student Loan Podcast.

Oct 04 2016

23mins

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Rank #3: SLS056: Talking Student Loans with His and Her Money Show

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Our next new show will be released on July 12, 2016. To keep things moving, I’ll be highlighting some of the interviews I’ve done on other podcasts. It’s a way of introducing you to different shows from other interesting and smart folks – I hope you enjoy the change of pace.

For today, I present to you The His & Her Money Show with Talaat and Tai McNeeley. They’re a husband-and-wife team who reflect so many of the people I meet every day. When they got married:

  1. One had debt and the other did not.
  2. One made poor money decisions while the other made better money decisions.
  3. One had a low credit score and the other had a stellar credit score.

They asked one another some difficult questions and climbed their way out of debt not once, but TWICE . . . TOGETHER. It was not always pretty and glamorous, but they turned it around by being honest and working really hard.

Talaat and Tai are some of the nicest people I’ve met in a long time, and I was thrilled when they asked me to be on their show to talk about ways to tackle your student loans.

What We Talked About

  • The current state of the student loan crisis in America.
  • The role that organization plays in order to pay off your student loans.
  • Strategies to pay off your student loans effectively and quickly.
  • Pros and cons of refinancing your student loans.
  • Whether or not student loan consolidation is worth your while.

Resources Mentioned During the Show


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The post SLS056: Talking Student Loans with His and Her Money Show appeared first on Student Loan Podcast.

Jun 07 2016

40mins

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Rank #4: Student Loan Debt Validation - Legit, Scam, or Something Else?

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If they don’t give you a copy of the note, does the student loan go away?

Demanding a copy of the student loan promissory note – is it the newest scam, the oldest trick in the book, or something else entirely?

Student loan counselors, negotiators and other so-called “debt relief services” tell you they can wipe out your student loan by demanding proof that the collector has proof of ownership. For borrowers, this sounds like a miracle – and who wouldn’t spend a few thousand dollars on something like this that could change your life forever?

If this is such an effective way to solve a student loan problem, why aren’t more people talking about it?

The post Student Loan Debt Validation – Legit, Scam, or Something Else? appeared first on Student Loan Podcast.

Nov 26 2019

25mins

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Rank #5: Administrative Wage Garnishments and Hardship Hearings [Q and A]

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Chelsea has a question about her defaulted student loans

I was in default and garnishment of wages was put in place. I am now in rehabilitation with an agreement and making payments. I requested hardship to end garnishment, filed the paperwork for it and was told it would take 30-60 days for hardship decision. It is now day 90+ with no decision and I am in a bad financial bind due to the garnishment. The request has been escalated to region twice due to number of days and I was told decision could come any day but this is day 90+. Is there anything else I can do?

Administrative Wage Garnishment – There Are Ways to Ease the Pain

On today’s show we tackle Chelsea’s question and help her better understand her options. Student loan default doesn’t need to be a financial death sentence – you’ve got choices, but you need to be careful to sure that you’re making the best one for your situation.

Some of what you’ll hear today includes:

  • When requesting a hearing will stop an administrative wage garnishment – and when it won’t

  • The meaning of financial hardship, and what you’ll need to prove when using this argument as a shield against wage garnishment

  • Why the government doesn’t always need to grant a hearing on a claim of financial hardship

  • How to get a rehabilitation agreement with the lowest monthly payment

The post How (and when) to stop an Administrative Wage Garnishment with a hardship hearing appeared first on Student Loan Podcast.

Aug 19 2019

23mins

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